✓ No FHA Approval Required
✓ Line of Credit Never Expires
✓ Available at Age 55
✓ Loans Up to $4 Million
If you signed a home equity investment or shared equity agreement and now realize the costs are higher than you expected, you are not alone. A proprietary reverse mortgage may provide the funds to pay off your HEI balance and end the appreciation sharing. Available for Florida primary residences only. No monthly mortgage payments*. Starting at age 55.
Call (727) 244-7076 for a Free Exit AnalysisNo obligation · No paperwork to get started · We take our time with you
Yes, but it is not always simple. When you signed a home equity investment agreement, you received a lump sum. In exchange, the company acquired a share of your home's future appreciation.
If you sell or refinance, you owe them the original amount plus a percentage of any appreciation. If you want to exit early before a sale or refinance, you may be required to pay them an early exit penalty. The longer you wait, the higher the cost becomes as your home appreciates.
Many homeowners who signed these agreements did not fully understand the long-term implications. Appreciation sharing can become expensive over time. Early exit penalties can be steep. The Consumer Financial Protection Bureau has issued a regulatory spotlight on these products due to consumer concerns.
Penalties and costs vary significantly depending on your specific agreement terms. Generally, you will owe the original lump sum plus a percentage of the home's appreciation. Some agreements include early exit fees or penalties that trigger if you pay off before a certain date.
The cost depends on three main factors: how much your home has appreciated since you signed, how long you have held the agreement, and the specific terms of your contract. An agreement signed during a strong real estate market will cost significantly more to exit than one signed when markets were slower.
There may be a way to settle this obligation using your home equity. A reverse mortgage could provide enough funds to pay off the HEI company in full. Once paid, the appreciation sharing ends and you own your home equity outright.
*Borrowers remain responsible for property taxes, homeowners insurance, and HOA fees. The reverse mortgage provides funds to pay off the HEI balance; it does not eliminate other home ownership costs.
A reverse mortgage offers a clear path to end your home equity investment obligations. Instead of being trapped by appreciation sharing, you use your home equity to settle the agreement and reclaim financial freedom.
A reverse mortgage provides the funds to pay off your HEI company completely. Once paid, the appreciation sharing obligation is gone. You stop owing them a percentage of your home's future value.
Unlike a traditional mortgage or personal loan, a reverse mortgage requires no monthly payments. The loan is repaid when you sell, move, or pass away. This provides peace of mind and monthly cash flow relief.
Our proprietary reverse mortgage is available starting at age 55. The FHA government program requires age 62. If you are between 55 and 61, you may qualify for our program now and exit your HEI agreement sooner.
Loan amounts depend on your age, home value, and market conditions. Our proprietary program offers loan amounts up to $4 million, often sufficient to cover HEI payoff costs for most Florida homes.
Receive funds as a lump sum to pay off the HEI company immediately, or as an open line of credit for ongoing flexibility. You control when and how you use your home equity.
Real reviews from Florida homeowners who trusted us with their reverse mortgage.
Can I get out of a home equity sharing agreement?
Yes, you can exit. Your options depend on your agreement terms and circumstances. You may sell the home, refinance, pay off the balance early if permitted, or use a reverse mortgage to settle the obligation. Each option has different costs and implications.
What does it cost to exit a home equity investment early?
Costs vary by agreement but typically include the original lump sum plus a percentage of home appreciation. Many agreements include early exit penalties or fees. Review your specific contract or contact your HEI company for an exact payoff quote.
How can a reverse mortgage help me exit my HEI?
A reverse mortgage provides funds that you can use to pay off your home equity investment company. Once paid, your obligation ends and the appreciation sharing stops. The reverse mortgage becomes a lien on your home instead.
What is the minimum age?
Our proprietary reverse mortgage is available to Florida homeowners starting at age 55. The FHA government program requires age 62. If you are between 55 and 61, you may qualify for our program now.
Can I use this for an investment property?
No, this reverse mortgage is available for primary residences only. The property must be your main home in Florida. Investment properties and second homes do not qualify.
How do I find out if I qualify?
Fill out the form on this page and we will prepare a free exit analysis showing your potential payoff options. We will reach out within one business day. No paperwork required upfront. No obligation of any kind.
There is no paperwork required to speak with us. No credit check. No pressure of any kind. Just an honest conversation about your home, your situation, and your options.
Sunshine State Home Loans · Licensed in Florida · Serving homeowners across the entire state
Fill out the short form below and we will prepare your free exit analysis and reach out within one business day. No paperwork. No commitment. No obligation of any kind.
Please note: Borrowers are always responsible for the payment of property taxes, homeowners insurance, HOA dues, and any special assessments. Failure to meet these obligations may result in the loan becoming due and payable. This is not a commitment to lend. All loans are subject to credit and property approval.
This website is for informational purposes only and does not constitute financial, legal, or tax advice. Reverse mortgage products are subject to eligibility requirements, terms, and conditions. All loans are subject to credit approval. This material is not a commitment to lend. Sunshine State Home Loans is a licensed Florida mortgage broker, not a lender. A reverse mortgage may be able to provide funds to pay off a home equity investment; however, the HEI obligation is not automatically eliminated. The reverse mortgage becomes a lien on your home. Results vary based on individual circumstances. For complete program details, please contact us directly at (727) 244-7076.